2017-11-13T10:12:15-06:00 2017-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2016-07-01 132898799 SCENIC HUDSON INC SCEN 8454734440 ONE CIVIC CENTER PLAZA NO 200 POUGHKEEPSIE NY 12601 CPA PRESIDENT 8454734440 2017-11-13 1 ROBERT R LYONS CPA P00227472 2125038800 69.74.165.34 2017-11-13 10:51:48 ES P B8E8917F0931719FE7A109CCAA1C726E9AF7A481 11762B5AEB021AEC01C7E1D1EC00D827E8D02294 2016 2017-02-10 21:41:12Z EDWARD O SULLIVAN ONE CIVIC CENTER PLAZA NO 200 POUGHKEEPSIE NY 12601 10346918 0 X WWW.SCENICHUDSON.ORG X 1975 NY SCENIC HUDSON PRESERVES LAND AND FARMS AND CREATES PARKS THAT CONNECT PEOPLE WITH THE INSPIRATIONAL POWER OF THE HUDSON RIVER, WHILE FIGHTING THREATS TO THE RIVER AND NATURAL RESOURCES THAT ARE THE FOUNDATION OF THE VALLEY'S PROSPERITY. 31 31 65 420 0 0 5816333 7429458 1822300 1899475 468991 614456 2305 14725 8109929 9958114 0 0 0 0 5879368 5939591 0 0 1184380 1346435 1487525 7225803 7427116 884126 2530998 24020045 28483775 469255 587167 23550790 27896608 X SCENIC HUDSON PRESERVES LAND AND FARMS AND CREATES PARKS THAT CONNECT PEOPLE WITH THE INSPIRATIONAL POWER OF THE HUDSON RIVER, WHILE FIGHTING THREATS TO THE RIVER AND NATURAL RESOURCES THAT ARE THE FOUNDATION OF THE VALLEY'S PROSPERITY. 0 0 5028313 1899475 LAND ACQUISITION AND CONSERVATION - SCENIC HUDSON CONSERVES THE LAND THAT MATTERS MOST ALONG THE HUDSON RIVER BETWEEN NEW YORK CITY AND ALBANY. THESE LANDS CONTRIBUTE TO WORLD-CLASS SCENIC VIEWS, UNLOCK ACCESS TO THE HUDSON RIVER, PROVIDE CRITICAL FARMLAND AND CONTAIN OR BUFFER IMPORTANT RIVER HABITATS. IN PRESERVING AND ENHANCING THESE IRREPLACEABLE RESOURCES,WE OFTEN CONTRIBUTE TO PROJECTS INITIATED BY COMMUNITIES SEEKING STRONGER CONNECTIONS WITH THE HUDSON RIVER. SCENIC HUDSON HELPS RESIDENTS AND COMMUNITIES PREVENT OR RESHAPE POORLY DESIGNED, LARGE-SCALE PROJECTS ALONG THE HUDSON RIVER WHILE PROMOTING REUSE AND RESTORATION OF WATERFRONTS AS PUBLIC AND NATURAL RESOURCES. WE SUPPORT PROJECTS THAT ARE APPROPRIATELY SCALED AND THAT PROVIDE PLENTY OF OPEN SPACE AND OPPORTUNITIES FOR RECREATION. WE BRING TO BEAR TECHNICAL EXPERTISE AND TIME-TESTED EXPERIENCE IN COMMUNITY PLANNING IN HELPING COMMUNITIES CREATE RIVERFRONT GROWTH THAT PROVIDES ECONOMIC ASSETS INSTEAD OF BURDENS. WITH MUNICIPALITIES AND DIVERSE PARTNERS, SCENIC HUDSON CREATES AND MANAGES BEAUTIFUL PARKS THAT HELP CONNECT PEOPLE WITH THE INSPIRATION OF THE HUDSON RIVER. THIS INVOLVES SAFEGUARDING IRREPLACABLE LANDS AND VITAL ECOSYSTEMS AND RECLAIMING POLLUTED AND NEGLECTED URBAN WATERFRONTS. THE PARKS ARE OUTDOOR CLASSROOMS FOR NUMEROUS AREA SCHOOLS AND HELP TEACH ENVIRONMENTAL STEWARDSHIP. SCENIC HUDSON ENGAGES CONSTITUENTS ON A VARIETY OF LAND USE ADVOCACY ISSUES THROUGH WEB-BASED TECHNOLOGIES. IMPORTANT INFORMATION ON PARK EVENTS AND COMMUNITY ACTION IS ROUTINELY PROVIDED. USERS FIND TRAIL MAPS AND DRIVING DIRECTIONS AT THE CLICK OF A BUTTON. THE PUBLIC IS KEPT INFORMED OF LAND USE ISSUES IMPORTANT TO RESIDENTS OF THE HUDSON VALLEY. CALLS TO ACTION TO PROTECT THE ENVIRONMENT ARE A CORNERSTONE OF SCENIC HUDSON'S WORK. 5028313 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 9 0 65 1 0 1 CJ 0 0 0 1 1 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY CT PA NJ FL MD ME UT VA IL MA RI X X JASON CAMPORESE 8454734440 ONE CIVIC CENTER PLAZA SUITE 200 POUGHKEEPSIE NY 12601 JAMES C GOODFELLOW CHAIR (FORMER) 1.00 X X 0 0 0 KRISTIN GAMBLE CHAIR 1.00 1.00 X X 0 0 0 ALEXANDER REESE CO-VICE CHAIR 1.00 1.00 X X 0 0 0 SIMON ROOSEVELT EX OFFICIO OFFICER 1.00 1.00 X X 0 0 0 W PATRICK MCMULLAN III TREASURER 1.00 1.00 X X 0 0 0 CARLOS GONZALEZ SECRETARY 1.00 X X 0 0 0 FREDERIC C RICH DIRECTOR 1.00 1.00 X X 0 0 0 THEODORE BUERGER DIRECTOR 1.00 X 0 0 0 REBECCA COHEN DIRECTOR 1.00 X 0 0 0 MICHAEL DOWLING DIRECTOR 1.00 X 0 0 0 SARAH A W FITTS DIRECTOR (FORMER) 1.00 X 0 0 0 GARY GLYNN DIRECTOR 1.00 X 0 0 0 JOHN HAMILTON DIRECTOR 1.00 X 0 0 0 MARJORIE L HART DIRECTOR 1.00 1.00 X 0 0 0 LISINA M HOCH DIRECTOR 1.00 X 0 0 0 RICHARD KLAPPER DIRECTOR 1.00 X 0 0 0 DANIEL KRAMER DIRECTOR 1.00 X 0 0 0 RICHARD KRUPP CO-VICE CHAIR 1.00 X X 0 0 0 DOUGLAS LAND DIRECTOR 1.00 X 0 0 0 CARL LOEWENSON DIRECTOR 1.00 X 0 0 0 EVAN MASON DIRECTOR 1.00 X 0 0 0 ELIZABETH MCCORMACK DIRECTOR 1.00 X 0 0 0 ZACK MCKOWN DIRECTOR 1.00 X 0 0 0 DAVID H MORTIMER DIRECTOR (FORMER) 1.00 1.00 X 0 0 0 SHEILA PLATT DIRECTOR (FORMER) 1.00 X 0 0 0 DAVID REDDEN DIRECTOR 1.00 X 0 0 0 JAY SAUNDERS DIRECTOR 1.00 X 0 0 0 LEIGH SEIPPEL DIRECTOR 1.00 1.00 X 0 0 0 JE HOKE SLAUGHTER DIRECTOR 1.00 X 0 0 0 DAWN WATSON DIRECTOR 1.00 X 0 0 0 EDWARD WHITNEY DIRECTOR 1.00 X 0 0 0 JULIA WIDDOWSON DIRECTOR 1.00 X 0 0 0 USHA WRIGHT DIRECTOR 1.00 X 0 0 0 STEPHEN M CLEMENT III DIRECTOR 1.00 X 0 0 0 JESSE B CLINTON DIRECTOR 1.00 X 0 0 0 EDWARD O SULLIVAN PRESIDENT 37.00 5.00 X 389469 0 96266 STEVEN ROSENBERG SENIOR VICE PRESIDENT 28.00 20.00 X 535632 0 126944 JOSEPH KAZLAUSKAS CFO (FORMER) 38.00 7.00 X 139677 0 11174 JASON CAMPORESE CHIEF FINANCE & OPERATIONS OFFICER 38.00 7.00 X 162336 0 33687 ERIN RILEY VP - EXTERNAL RELATIONS 40.00 2.00 X 222244 0 38240 JAMES BURGESS DIRECTOR OF COMMUNICATIONS 39.00 1.00 X 148992 0 12747 SETH MCKEE LAND CONSERVATION DIRECTOR 1.00 39.00 X 123333 0 30339 RITA SHAHEEN DIR. PARKS & COMM. ENGAGEMENT 1.00 39.00 X 112557 0 10673 THERESA VANYO DIR. OF HUMAN RESOURCES 40.00 X 105109 0 17733 1939349 0 377803 9 0 1 0 0 444165 50 6985243 1421219 7429458 FEES FROM LAND TRUST 900099 1899475 1899475 1899475 299581 299581 580779 265904 314875 314875 314875 122900 444165 122900 0 MISCELLANEOUS 900099 14725 14725 14725 9958114 1899475 0 629181 X 1223183 466475 347639 409069 3630238 2806585 447995 375658 242395 189039 29481 23875 486304 354452 67116 64736 357471 244407 57137 55927 8507 4763 3744 87451 87451 52455 52455 290744 206693 68523 15528 113362 82141 15127 16094 380359 275604 50756 53999 144868 108507 19467 16894 11307 11307 PROGRAM/PUBLIC OUTREACH 373451 172444 48992 152015 EQUIPMENT 25021 18445 5991 585 7427116 5028313 1214423 1184380 5520 29009 1750094 3642125 1978904 2737940 37713 41315 1026423 87353 950377 939070 16013739 17167565 3270478 3926751 13220 0 24020045 28483775 429020 555058 40235 32109 469255 587167 X 17201710 20201380 6349080 7695228 23550790 27896608 24020045 28483775 X 2530998 1816896 -2076 X X 0 1 X 1 0 X 5004980 5397251 4659675 5816333 7429458 28307697 5004980 5397251 4659675 5816333 7429458 28307697 3399376 24908321 298238 285822 285379 285851 299581 1454871 556 1995 9815 2305 14725 29396 29791964 8674834 0.83610 0.83170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12238 75212 87450 7460279 7547729 527386 131847 0 0 899043 504697 511290 527386 2442416 3663624 44589 90067 105102 87450 327208 224761 126174 127823 131847 610605 915908 6170 20798 13688 12238 52894 168420197 1251720 28262427 8489900 189444444 178554564 917329 -2845896 8205800 168420197 182909191 289100 3076273 7720000 178554564 158031429 5192544 26729409 7044400 182909191 143968542 244162 20388963 6570238 158031429 0.09680 0.90320 0 1 1 920000 920000 23910 23910 0 82513 63443 19070 939070 POOLED INVESTMENT FUNDS - EX U.S. COMMINGLED FUNDS 2490990 F POOLED INVESTMENT FUNDS - ALTERNATIVE INVESTMENT FUNDS 1435761 F 3926751 DUE TO RELATED PARTY 32109 32109 X PART V, LINE 4: THE SCENIC HUDSON LAND TRUST IS A SUPPORTING ORGANIZATION OF SCENIC HUDSON (THE ORGANIZATIONS"). SCENIC HUDSON HAS TWO OF THE ORGANIZATIONS' FOUR ENDOWMENTS; THE SCENIC HUDSON, INC. BOARD DESIGNATED (QUASI-ENDOWMENT) AND THE KATHRYN W. DAVIS FUND FOR PARK PLANNING AND COMMUNITY LAND USE. THE SCENIC HUDSON LAND TRUST, INC. HAS THE LILA ACHESON AND DEWITT WALLACE HUDSON VALLEY LAND PRESERVATION ENDOWMENT AND THE EASEMENT ENFORCEMENT FUND. AS REQUIRED, THE COMBINED FAIR VALUE OF THESE ENDOWMENTS IS REPORTED ON SCHEDULE D, PART V OF THE 990 FOR BOTH SCENIC HUDSON AND THE SCENIC HUDSON LAND TRUST. THE BOARD DESIGNATED (QUASI-ENDOWMENT) WAS ESTABLISHED TO ENSURE SCENIC HUDSON'S FISCAL STABILITY AND PROVIDE EMERGENCY FUNDS FOR PURPOSES APPROVED BY THE BOARD. SCENIC HUDSON, INC. ESTABLISHED THE KATHRYN W. DAVIS FUND FOR PARK PLANNING AND COMMUNITY LAND USE, FUNDED WITH A DONOR-RESTRICTED GIFT OF $5 MILLION FROM THE SHELBY CULLOM DAVIS FOUNDATION. EXPENDITURES FROM THIS FUND SHALL BE USED TO SUPPORT THE ORGANIZATION'S STAFF, CONSULTANTS, AND OTHER COSTS FOR PARK DESIGN, PARK MANAGEMENT AND/OR ACQUISITION AND LAND USE PLANNING. THE LILA ACHESON AND DEWITT WALLACE HUDSON VALLEY LAND PRESERVATION ENDOWMENT (THE "WALLACE ENDOWMENT") IS A TERM ENDOWMENT HELD BY THE SCENIC HUDSON LAND TRUST, INC., A SUPPORTING ORGANIZATION OF SCENIC HUDSON, INC., THAT SHALL CONTINUE TO BE USED FOR THE PURPOSES OF ACQUIRING AND HOLDING LAND IN THE HUDSON RIVER VALLEY IN ORDER TO PRESERVE AND PROTECT SUCH LAND FOR THE BENEFIT OF THE PUBLIC, AND SECONDARILY FOR OTHER PURPOSES THAT ARE IN FURTHERANCE OF THE CONSERVATION OF THE SCENIC BEAUTY, HISTORIC VALUES, AND RESOURCES OF THE HUDSON RIVER VALLEY. THE BOARD OF DIRECTORS OF THE SCENIC HUDSON LAND TRUST, INC. HAS ALSO ESTABLISHED A BOARD DESIGNATED EASEMENT ENFORCEMENT FUND AS A RESERVE TO PAY LEGAL AND OTHER EASEMENT ENFORCEMENT AND MONITORING COSTS THAT MAY BE INCURRED TO DEFEND THE ORGANIZATION'S CONTRACTUAL RIGHTS AND PRIVILEGES ESTABLISHED THROUGH CONSERVATION EASEMENTS OWNED. PART X, LINE 2: INCOME TAXES - THE ORGANIZATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2017 AND 2016 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 PASSIVE FOREIGN INVESTMENTS N/A 1435761 0 0 0 0 0 0 1435761 0 1435761 0 0 0 0 0 0 GALA 567065 444165 122900 122900 567065 444165 122900 122900 122900 0 X X X X X 0 1 0 0 0 0 0 0 0 EDWARD O SULLIVAN PRESIDENT 320922 0 60000 0 8547 0 94970 0 1296 0 485735 0 0 0 STEVEN ROSENBERG SENIOR VICE PRESIDENT 231198 0 35000 0 269434 0 106184 0 20760 0 662576 0 0 0 JOSEPH KAZLAUSKAS CFO (FORMER) 111969 0 27708 0 0 0 11174 0 0 0 150851 0 0 0 JASON CAMPORESE CHIEF FINANCE & OPERATIONS OFFICER 149836 0 12500 0 0 0 12987 0 20700 0 196023 0 0 0 ERIN RILEY VP - EXTERNAL RELATIONS 187244 0 35000 0 0 0 17780 0 20460 0 260484 0 0 0 JAMES BURGESS DIRECTOR OF COMMUNICATIONS 133992 0 15000 0 0 0 11919 0 828 0 161739 0 0 0 SETH MCKEE LAND CONSERVATION DIRECTOR 115962 0 7371 0 0 0 9867 0 20472 0 153672 0 0 0 PART I, LINE 4B DURING THE YEAR ENDED JUNE 30, 2015, SCENIC HUDSON, INC. AND EDWARD SULLIVAN ENTERED INTO A LONG-TERM EMPLOYMENT AGREEMENT UNDER IRC SECTION 457(F). THE TERMS OF THE AGREEMENT RUN THROUGH JANUARY 31, 2020 AT WHICH TIME MR. SULLIVAN WILL COMPLETE HIS COMMITMENT AND RECEIVE A ONE-TIME LUMP SUM PAYMENT OF $500,000. SINCE MR. SULLIVAN ALSO PROVIDES ESSENTIAL SERVICES TO THE SCENIC HUDSON LAND TRUST, INC. (THE "LAND TRUST"), THE LAND TRUST HAS AGREED TO PROVIDE SCENIC HUDSON, INC. WITH FUNDS SUFFICIENT TO ENABLE SCENIC HUDSON, INC. TO MAKE PAYMENTS DUE UNDER THE PLAN. ACCORDINGLY, THE LAND TRUST WILL RECOGNIZE THIS OBLIGATION OVER THE TERM OF THE AGREEMENT. DURING THE YEAR ENDED JUNE 30, 2017, THE LAND TRUST RECOGNIZED $98,361 OF EXPENSE RELATED TO THIS AGREEMENT. DURING THE YEAR ENDED JUNE 30, 2010, SCENIC HUDSON, INC. AND STEVEN ROSENBERG ENTERED INTO A LONG-TERM EMPLOYMENT AGREEMENT UNDER IRC SECTION 457(F). THE TERMS OF THE AGREEMENT RAN THROUGH MAY 29, 2016 AT WHICH TIME MR. ROSENBERG RECEIVED A ONE-TIME LUMP SUM PAYMENT OF $275,000. THIS ONE-TIME PAYMENT IS INCLUDED IN PART VII, SECTION A, LINE 38D AND SCHEDULE J, PART II LINE 2(III). DURING THE YEAR ENDED JUNE 30, 2016, SCENIC HUDSON, INC. AND MR. ROSENBERG ENTERED INTO A LONG-TERM EMPLOYMENT AGREEMENT UNDER IRC SECTION 457(F). THE AGREEMENT IS FOR A FIVE-YEAR TERM AND WILL PROVIDE FOR A PAYMENT OF $230,000 UPON MATURITY. SINCE MR. ROSENBERG ALSO PROVIDES ESSENTIAL SERVICES TO THE SCENIC HUDSON LAND TRUST, INC. (THE "LAND TRUST"), THE LAND TRUST HAS AGREED TO PROVIDE SCENIC HUDSON, INC. WITH FUNDS SUFFICIENT TO ENABLE SCENIC HUDSON, INC. TO MAKE PAYMENTS DUE UNDER THE PLANS. ACCORDINGLY, THE LAND TRUST WILL RECOGNIZE THIS OBLIGATION OVER THE TERM OF THE AGREEMENT. DURING THE YEAR ENDED JUNE 30, 2017, THE LAND TRUST RECOGNIZED $41,815 OF EXPENSE RELATED TO THE AGREEMENT. X 22 1421219 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S 990 IS REVIEWED BY THE AUDIT COMMITTEE AND DISCUSSED WITH THE FULL BOARD AT THE ANNUAL MEETING BEFORE THE RETURN IS FILED. PRINTED COPIES OF THE 990 ARE DISTRIBUTED TO THE FULL BOARD IN PREPARATION OF THE ANNUAL MEETING. COPIES OF THE 990 ARE AVAILABLE ON THE ORGANIZATION'S BOARD EXTRA-NET AND ON THE ORGANIZATION'S WEBSITE (WWW.SCENICHUDSON.ORG). FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND ALL STAFF ARE REQUIRED TO ANNUALLY REVIEW AND SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. BOARD MEMBERS WHO MAY HAVE ANY REAL OR PERCEIVED CONFLICTS OF INTEREST ABSTAIN FROM DISCUSSION AND VOTING. CONFLICTS OF INTEREST INVOLVING STAFF SITUATIONS WHICH MAY ARISE (REAL OR PERCEIVED) ARE REVIEWED BY THE BOARD OF DIRECTORS. ISSUES INVOLVING EXECUTIVES ARE REVIEWED BY THE EXECUTIVE COMMITTEE OR FULL BOARD AND/OR LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE IN CONSULTATION WITH THE BOARD OF DIRECTORS. THIS COMMITTEE ENGAGES A THIRD PARTY COMPENSATION CONSULTANT WHO PROVIDES A MARKET ANALYSIS WITH RECOMMENDATIONS. THE COMMITTEE ALSO INCORPORATES FIRST HAND RESEARCH DATA ON COMPARABLE ORGANIZATIONS IN SCENIC HUDSON'S GEOGRAPHIC AREA IN THEIR RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE 990 ARE AVAILABLE ON THE ORGANIZATION'S BOARD EXTRA-NET AND ON THE ORGANIZATION'S WEBSITE WWW.SCENICHUDSON.ORG. THE FOLLOWING CORPORATE GOVERNANCE DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE (HTTP://WWW.SCENICHUDSON.ORG/ABOUT/FINANCIALS): * FORM 1023 * FORM 990 * AUDITED FINANCIAL STATEMENTS * CERTIFICATE OF INCORPORATION * CORPORATE BY-LAWS * WHISTLEBLOWER POLICY * CONFLICT OF INTEREST POLICY FORM 990 PART IX: ACTIVITIES THAT OCCUR IN THE SCENIC HUDSON LAND TRUST, A SUPPORTING ORGANIZATION OF SCENIC HUDSON, DIRECTLY IMPACT THE EXPENSES OF SCENIC HUDSON. SUCH ACTIVITIES INCLUDE THE PURCHASE OF CONSERVATION EASEMENTS AND LAND IN FEE TITLE. WITH THIS IN MIND, THE MOST RELEVANT CALCULATION OF THE PROGRAM EXPENSE RATIO OF SCENIC HUDSON AND THE SCENIC HUDSON LAND TRUST IS TO CONSIDER THESE EXPENSES ON A CONSOLIDATED BASIS. ON A CONSOLIDATED BASIS, THE PROGRAM EXPENSE RATIO FOR SCENIC HUDSON AND THE SCENIC HUDSON LAND TRUST WAS 83.2% AND 82.6%, RESPECTIVELY, FOR THE FISCAL YEARS ENDED JUNE 30, 2017 AND 2016. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,076. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM THE PRIOR YEAR. THE INDEPENDENT AUDITORS ARE APPOINTED BY THE BOARD BASED ON THE RECOMMENDATION OF THE AUDIT COMMITTEE. THE SCENIC HUDSON LAND TRUST INC 1 CIVIC CENTER PLAZA SUITE 200 POUGHKEEPSIE NY 12601 237148333 ACQUIRE LAND FOR PUBLIC USE NY 501(C)(3) LINE 11, TYPE I N/A 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 1 1 THE SCENIC HUDSON LAND TRUST INC O 1899475 COST THE SCENIC HUDSON LAND TRUST INC P 53500 CASH PAYMENTS THE SCENIC HUDSON LAND TRUST INC P 409827 CASH PAYMENTS THE SCENIC HUDSON LAND TRUST INC Q 341285 CASH PAYMENTS THE SCENIC HUDSON LAND TRUST INC Q 537969 CASH PAYMENTS